COVID-19 patients respond positively to Gilead Sciences experimental drug

Shares of Gilead Sciences Inc’s shares jumped by 16% following news reports that its experimental drug remdesivir is proving to be effective in U.S. trials of patients who have been severely afflicted by the COVID-19 disease caused by the coronavirus. According to a report from medical news website STAT, a University of Chicago hospital participating…

Bills Gates had predicted China’s virus with simulation saying 33M deaths in first 6 months

One year back, while speaking at a conference hosted by the Massachusetts Medical Society, Bill Gates had “predicted” that a super-virus pandemic breaking out in China could potentially kill 33 million people around the globe in a span of just 6 months. Gates had warned that the world was at risk from super-pathogens spreading quickly…

Shell launches EV charging stations in Singapore

This is the first such development in Southeast Asia. Clean energy solutions have finally arrived. On Monday, in a first such development in Southeast Asia, Royal Dutch Shell stated, it has launched electric vehicle chargers at petrol stations in Singapore. The electric vehicle charging service, branded as ‘Shell Recharge’, will be available at ten Shell…

Virtual currency exchanges at risk of market manipulation: Report from NY Attorney General’s office

The report by NY Attorney General’s office is based on a study of several online platforms where virtual currencies, including bitcoins, are regularly traded. According to a report published by the New York Attorney General’s office, cryptocurrency exchanges are typically plagued by poor market surveillance, lack sufficient customer protections, and have pervasive conflicts of interest.…

Automated accounts spreading false news ahead of French elections

Elements attributed to Russia are trying to weaponise information through a campaign of disinformation and misinformation while trying to influence national policies through the globe. As per the results of a study conducted by researchers from Oxford University, French voters are increasingly being flooded with false stories on social media ahead of the country’s presidential…

Large financial institutions need to tie up with fintech startups to stay relevant

The results of a study done by PricewaterhouseCoopers is an eye opener. No wonder BlackRock’s Larry Fink is focused on emerging financial technologies. As per the results of a new study done by PricewaterhouseCoopers, large financial institutions across the world could lose 24% of their total revenues to advances made by financial technology companies in…

MIT researchers create a dynamic algorithm based on realtime data for carpooling services

The algorithm is more efficient than the ones used by Lyft and Uber. Researchers from MIT have conclusively proven that not only is carpooling less polluting, but it is also a more cost effective and efficient solution as opposed to utilizing the services of traditional taxis. Researchers from MIT’s CSAIL computer science lab have come…